Kentucky men’s basketball coach John Calipari received a seven-year, $52.5 million contract extension that will pay a base package of $6.5 million next season and increase to $8 million over each of the final three years through 2020-21.

Already one of college basketball’s highest-paid coaches, Calipari led the Wildcats to the 2012 NCAA championship and is coming off his third Final Four appearance at Kentucky, a 60-54 title-game loss to Connecticut in April. He often has been rumored as a potential candidate for NBA jobs, most recently this spring with the Los Angeles Lakers. He is 152-37 in five seasons at Kentucky.

“I’ve said over and over that I have the best job in the country,” Calipari said in a release.

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>> Seriously? You're following all those Twitter accounts but not @buckeyextra? Go ahead and move to Michigan while you're at it.